Getting most or all of your income from Social Security in retirement isn’t ideal. And the reason is that you’re looking at a pretty significant pay cut if you don’t have other income at your disposal. If you earn an average salary, you can expect Social Security to take the place of about 40% of

Social Security is a lifeline for millions of Americans. The program dished out about $1.6 trillion last year to 69 million Americans — 52 million of them retirees. While the program was originally meant to be just one part of a “three-legged stool” that included pensions and personal savings,

Even if you have personal savings, life without Social Security would probably be difficult. You count on those regular checks to help you cover your living expenses. If anything, they don’t go far enough. So it can be alarming when your checks suddenly start shrinking, but it can happen.

There’s been a lot of economic news to digest lately — inflation levels, recession fears, and back-and-forth tariff policies. Because of this, Social Security is a topic that may have flown under your radar. But that doesn’t mean all’s been quiet on the Social Security front. The program has

Your Social Security checks could look a little different this month if you’re one of the 3.2 million Americans affected by the recent passage of the Social Security Fairness Act. Some retired workers could see their checks increase by an average of $360 per month beginning with their April